Learn how a waiver of coinsurance clause in insurance policies can eliminate part of your claim payment obligation under some conditions, and understand its implications.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. MoMo Productions / Getty Images The coinsurance formula is the homeowners insurance formula ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Not long ago, I received a letter from an insurance company offering to lower my homeowners premium to just $44 per month — less than 10 percent of what I currently pay. It sounded appealing — until I ...

Elizabeth Rivelli has nearly five years of experience covering insurance for finance publications. She has expertise in various insurance lines, including car insurance, health insurance, travel ...

Question: We are a community bank financing the construction of a mixed-use property consisting of retail/business use on the first floor and four residential units on the second floor. The property, ...